Covenants of Somerset Sample Clauses

Covenants of Somerset. Somerset covenants and agrees that, during the --------------------- period from the date of this Agreement until the Closing Date, without the written consent of Secure, Somerset:
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Covenants of Somerset. From the date of this Agreement until the Effective Time, Somerset covenants and agrees to do, and shall cause the Somerset Subsidiaries to do, the following:

Related to Covenants of Somerset

  • Covenants of Company In the event that any litigation with claims in excess of $1,000,000 to which the Company is a party which shall be reasonably likely to result in a material judgment against the Company that the Company will not be able to satisfy shall be commenced by an Owner, during the period beginning nine months following the commencement of such litigation and continuing until such litigation is dismissed or otherwise terminated (and, if such litigation has resulted in a final judgment against the Company, such judgment has been satisfied), the Company shall not make any distribution on or in respect of its membership interests to any of its members, or repay the principal amount of any indebtedness of the Company held by CFC, unless (i) after giving effect to such distribution or repayment, the Company's liquid assets shall not be less than the amount of actual damages claimed in such litigation or (ii) the Rating Agency Condition shall have been satisfied with respect to any such distribution or repayment. The Company will not at any time institute against the Trust any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations relating to the Certificates, the Notes, this Agreement or any of the Basic Documents.

  • Covenants of Parent Parent agrees that:

  • Covenants of Seller Seller covenants and agrees with Buyer as follows:

  • Covenants of Shareholder Shareholder hereby covenants and agrees that:

  • Covenants of Shareholders Each Shareholder hereby covenants and agrees that:

  • Covenants of Parties The Parties hereby covenant and agree as follows:

  • Covenants of Stockholders Each Stockholder hereby covenants and agrees that:

  • COVENANTS OF THE STOCKHOLDER Section 1.01.

  • Covenants of Both Parties The parties hereto agree that:

  • Covenants of Stockholder Stockholder hereby covenants and agrees that:

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